Primoris Services (PRIM) Reports In-Line Q4 EPS, Offers FY Guidance

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Primoris Services Corporation Reports Fourth Quarter and Full Year 2021 Results

February 28, 2022 5:19 PM EST

DALLAS--(BUSINESS WIRE)-- Primoris Services Corporation (NASDAQ GS: PRIM) (Primoris or the Company) today announced financial results for its fourth quarter and full year ended December 31, 2021 and provided the Companys outlook for 2022.

For the full year 2021, Primoris reported the following highlights (1):

Revenue of $3.5 billion Utility Segment revenue up 21 percent Energy/Renewables Segment revenue up 15 percent Net income attributable to Primoris of $115.6 million, an increase of 10 percent over prior year Fully diluted earnings per share (EPS) of $2.17 Adjusted net income attributable to... More